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thank you, everybody. god bless you. god bless america. >> that was president obama, who just finished a landmark speech on inequality, economic fairness, and opportunity, speaking in one of the poorest areas of the nation's capital. the president's remarks come at a time when 11.5 million americans cannot find a job and workers' wages have never been lower. at the same time, corporate profits are soaring and the stock market is regularly hitting all-time highs. these disparities have become too stark to ignore, and in his speech, the president issued something of a warning call for the american dream. >> the basic bargain at the heart of our economy has frayed. the idea that so many children are born into poverty in the wealthiest nation on earth is heartbreaking enough. but the idea that a child may never be able to escape that poverty because she lacks a decent education or health care or a community that views her future as their own, that should offend all of us. and it should compel us to action. >> president obama
thank you, everybody. god bless you. god bless america. >> that was president obama, who just finished a landmark speech on inequality, economic fairness, and opportunity, speaking in one of the poorest areas of the nation's capital. the president's remarks come at a time when 11.5 million americans cannot find a job and workers' wages have never been lower. at the same time, corporate profits are soaring and the stock market is regularly hitting all-time highs. these disparities have...
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Dec 4, 2013
12/13
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i just don't see it in the data. >> thanks for joining us this morning and bringing decent numbers along. >> yeah. i'm glad to do it. >> becky, back to you. >> all right. thank you. we'll see you back here soon. well done by steve and mark. >> generated above 200. >> way to go. >> you're doing it. heavy lifting. you go mark. >> he's just reporting that right? >> he's not making numbers up. he's just reporting the numbers he gets. >> that's the bls that makes it up. >>> when we come back. earlier this week we talked about amazon and drones. there's word google is putting money in robots. >>> in the next half hour, we see a legendary film maker of the sixth sense fame. he's going to join us to talk about this country. we'll be right back. >>> you guys are missing out on commercial breaks today. google is reportedly putting money in robots. two life size robots are hanging suspended in a corner of an office there. in the last month, google has acquired seven technology companies in efforts to generate robots. the same man that android google software is involved. >>> why would the successfu
i just don't see it in the data. >> thanks for joining us this morning and bringing decent numbers along. >> yeah. i'm glad to do it. >> becky, back to you. >> all right. thank you. we'll see you back here soon. well done by steve and mark. >> generated above 200. >> way to go. >> you're doing it. heavy lifting. you go mark. >> he's just reporting that right? >> he's not making numbers up. he's just reporting the numbers he gets. >>...
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Dec 4, 2013
12/13
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. >> thank you very much. >>> coming up next, storming the castle. a minimum wage debate backed by president obama could have devastating consequences for one burger chain. a top executive will explain how a move to increase the minimum wage could shudder restaurants and hurt jobs for his chain and others. don't touch that remote. over the next 40 years the united states population is going to grow by over 90 million people, and almost all that growth is going to be in cities. what's the healthiest and best way for them to grow so that they really become cauldrons of prosperity and cities of opportunity? what we have found is that if that family is moved into safe, clean affordable housing, places that have access to great school systems, access to jobs and multiple transportation modes then the neighborhood begins to thrive and then really really take off. the oxygen of community redevelopment is financing. and all this rebuilding that happened could not have happened without organizations like citi. citi has formed a partnership with our company so
. >> thank you very much. >>> coming up next, storming the castle. a minimum wage debate backed by president obama could have devastating consequences for one burger chain. a top executive will explain how a move to increase the minimum wage could shudder restaurants and hurt jobs for his chain and others. don't touch that remote. over the next 40 years the united states population is going to grow by over 90 million people, and almost all that growth is going to be in cities....
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it is great to see you, thank you for being here. it doesn't look like this is going to pass the house even with the president getting behind it. what do you say? >> i think it is a big mistake if we don't do it. good for american workers, good for economy and part of the american dream. i really don't think government should have to set a minimum wage. i would like to believe employers would want to pay a fair wage and one that doesn't have to be supplemented with welfare food stamps and health care. it is a good feeling when you pay your employees a wage where they can buy and afford to purchase goods and wares being sold. it is embarrassing for people who work in retail stores where profits are soaring and employees are making -- employers are making large income but the staff cannot afford to buy the goods they are selling. connell: when i heard it be great if the government didn't set a minimum wage. the conservative argument against raising the minimum wage is if you raise the wage too much, these businesses, it will hurt job g
it is great to see you, thank you for being here. it doesn't look like this is going to pass the house even with the president getting behind it. what do you say? >> i think it is a big mistake if we don't do it. good for american workers, good for economy and part of the american dream. i really don't think government should have to set a minimum wage. i would like to believe employers would want to pay a fair wage and one that doesn't have to be supplemented with welfare food stamps and...
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Dec 4, 2013
12/13
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. >> i think think obama is going to speak on in about 30 minutes' time. >> good. i hope he addresses it. >> dolly, thank you so much. >> thank you so much. >> check out what's happening with deere. the stock is spiking after announcing repurchase of $8 billion worth reberth of 9 we'll call it 93.5 million shares if it could buy back. that's about 25%, simon, of its for you? >> so do new likes equal 2014 in just a moment. ♪ and i don't want to before their gift helped preserve the point... before a credit solution was used to expand their business... before trusts were created for their grandkids' educations... they chose a partner to help manage their wealth... one whose insights, solutions, and approach have been relied on for over 200 years. that's the value of trusted connections. that's u.s. trust. with fidelity's options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluate them with our p&l calculator... and execute faster with our more intuitive trade
. >> i think think obama is going to speak on in about 30 minutes' time. >> good. i hope he addresses it. >> dolly, thank you so much. >> thank you so much. >> check out what's happening with deere. the stock is spiking after announcing repurchase of $8 billion worth reberth of 9 we'll call it 93.5 million shares if it could buy back. that's about 25%, simon, of its for you? >> so do new likes equal 2014 in just a moment. ♪ and i don't want to before their...